Otis Elevator Employees' Union S. Reg & ... vs Union Of India & Ors

The Supreme Court emphasized the importance of social security measures, including provident fund, gratuity, and pension, as essential components of employment under the Employees' Provident Funds & Miscellaneous Provisions Act, 1952. The Court held that these benefits are not merely gifts but are rights of employees, aimed at providing stability and protection against various hazards of life. The judgment reinforced the notion that such benefits are integral to human dignity and social justice, thereby establishing that employers have a statutory obligation to provide these benefits to their employees.